£222,942
This estimated value is based upon the latest sale price for the house of £45,000 on 17 Oct 1997. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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503 Katherine Road Forest Gate, London, E7 8DR
Phone: 02080338580
| Price Paid | Date |
|---|---|
| £45,000 | 17 Oct 1997 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in October 1997 the House Price Index for GREATER LONDON was 30.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 395.428%.Applying this 395.428% change to the original purchase price of £45,000 results in an estimated price of approximately £222,942.
| 17 Oct 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.0 | 148.6 | 395.428 % | £45,000 | £177,942 | £222,942 |
The Postcode Pricing Model uses changes in average sales price within the E7 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 960.350 % | £432,157 | £477,157 |
| 3 Month Average | 569.911 % | £256,459 | £301,459 |
| 6 Month Average | 617.530 % | £277,888 | £322,888 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £384,922 | £380,000 | 160 HALLEY ROAD |
| 22 Aug 2023 | £453,971 | £450,000 | 165 STRONE ROAD |
| 28 Jul 2023 | £420,662 | £415,000 | 197 STRONE ROAD |
| 16 Sep 2022 | £292,637 | £295,000 | 161A MONEGA ROAD |
| 11 Mar 2022 | £497,406 | £480,000 | 186 MONEGA ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 20 Nov 2018. Using an estimated price of £222,942 means this house is valued at £2,654 per sq meter (£246 per sq foot).
The average size of a house on MONEGA ROAD is 94 sq meters (1,018 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Monega Road |
| Dec 2023 | Anti-social behaviour | On or near Monega Road | |
| Dec 2023 | Anti-social behaviour | On or near Monega Road |